Svmuu News: Total U.S. national debt surpassed $39 trillion in mid-March, with publicly held debt exceeding $31 trillion. The Congressional Budget Office projects that the deficit for fiscal year 2026 will reach $1.9 trillion, with public debt rising to $56 trillion by 2036. Senator Cynthia Lummis is promoting the BITCOIN Act, which would require the U.S. Treasury to purchase up to 1 million BTC within five years and hold them for at least 20 years; however, there has been no official confirmation of such purchases yet. On June 16, Cynthia Lummis stated that, according to her model’s calculations, this holding could reduce U.S. Treasury debt by one-third to one-half, and she expects the Treasury Department to begin purchasing Bitcoin by the end of 2026. (Bitcoin.com News).